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- 📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
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📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
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1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ - 💙 Gate Square #Gate Blue Challenge# 💙
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4. Submissions must be original and comply with community guidelines. Plagiarism or re - 🎉 The #CandyDrop Futures Challenge# is live — join now to share a 6 BTC prize pool!
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Dare to trade. Dare to win.
Track real-time hotspots in the crypto world and seize the best trading opportunities. Today is Sunday, August 3, 2025. I am Wang Yibo! Good morning to all crypto friends ☀️ hardcore fan daily attendance 👍 Like and wish for great wealth 🍗🍗🌹🌹
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Bitcoin showed a trend of first rising and then falling throughout Saturday, with the price starting to stabilize and rise from 112666 points in the early morning to 113999, where it encountered resistance from above. It then fluctuated downward, reaching a low of 111950. The daily trend of Bitcoin met expectations, maintaining a narrow range of fluctuations overall. After a period of consolidation by the bears, the price gradually approached the previous low in the evening, with downward pressure continuing to manifest. The five consecutive daily candles of downward adjustment have already formed, and the moving average system has simultaneously turned downward, creating a standard bearish arrangement, making the weak characteristics of the trend increasingly clear. Although trading activity declined over the weekend and the trading volume did not continue to expand, the constant downward shift of the price center and the continuous closing of negative candles further consolidated the current adjustment situation. In terms of operations, we will adopt a strategy of shorting after a rebound.
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Ethereum and Bitcoin are moving in sync, with a slight rebound to the 3536 line under pressure yesterday. In the evening session, it broke the level again, testing the low point at the 3370 line. The Bollinger Bands on the 4-hour chart are expanding, and the K-line is running in the downward area. The MACD double line has a dead cross, and the market is diverging downwards, with bears in a position of continuously high trading volume. The overall market pattern still leans towards a weak form. From the hourly level, the market shows a continuous bearish trend breaking through the lower Bollinger Band, with bulls providing a two consecutive bullish attack. The MACD indicator's double line is in a merging state below the 0 axis, not giving any obvious signal for a trend change. In terms of operations, we will use a high short strategy after a rebound. #6 BTC全民空投限时派送中# #Gate Alpha积分撸40U# #白宫加密报告发布#